TORNTPHARMA is taking support at 200DMA and reversed today with decent volume. Looks like a good place for long entry with stop below yesterday's (18 Jan) low.
(Swing / Positional Trade) | RR 1:4+ | Type :- Breakout
Reasons To Trade 🤔 :- Breakout Of = 200DMA + Flag Pattern + Pennant Pattern - Symmetrical Triangle Pattern.
Entry :- 180
Stop Loss :- 172.50
Targets :- 1st= 190 | 2nd= 200 | 3rd= 210
(Risk Must Be Managed.)
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(Swing / Positional Trade) | RR 1:3+ | Type:- Breakout
Reasons To Trade 🤔 :- Head & Shoulders Pattern , Bullish Banknifty , Above 200DMA , Global Market Bullish.
Entry :- 334 (Only Enter After Clear Breakout Or Opening Above Trendline).
Stop Loss :- 313
Targets :- 1st= 365 | 2nd= 395
(Risk Must Be Managed.)
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(Positional Trade) | RR 1:4+ | Type:- Retest
Reasons To Trade 🤔 :- 1st Retest After Breakout, At Support Zone, At 200DMA, Clear Setup.
Entry Zone :- 415 - 420
Stop Loss :- 395
Targets :- 500 & 511
(Risk Must Be Managed.)
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--Any Suggestions--
NSE:CUMMINSIND | (Positional/Long Term Trade.)
Entry:- Below 450 to 435
Stop Loss :- 468 to 480 or (According To You)
Target:-
1st:- 418
2nd:- 375
3rd:- 330
(Risk Must Be Managed.)
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--Any Suggestions--
Look For Buy (Positional/Holding)
Why 🤔 :- Weekly Trendline Retest(After Breakout), Previous Dual Daily Support Cross, Previous Breakout Support Zone, Rejection on 200DMA.
Buy Zone :- 120-132
SL :- 110 (100 Safe)
Target's 👇
1st = 175.20
2nd = 187.50
3rd = 207.50
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(Risk Must Be Managed.)
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HINDUSTAN UNILEVER DAILY, took support at 100 sma for 2 times finally broke yesterday.
It took support at 200 sma for 2 times now again sitting at 200 sma with big red candle.
Sign for bearishness.
Yes bank has taken support at 307 4 days back and now seems to be moving upwards. Also have crossed 200DMA today which is strong sign being bullish.
One can add this to profile keeping stop loss as 307 and look for 375 as target which is previous month high.
It has been observed in the chart that NIITTECH given break out at 447.5. volume also picked up and bounce from 200day MA. watch near 440/448 for target 530/580 stop loss below 420.
The stock has broken above the 200 dma and the bear channel by forming a pretty bullish candle. It could be worth entering the stock in small amounts and then perhaps add a little more on the pull back. The stop can be below the 200 dma on closing basis
